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It's been on the horizon for quite some time, but this month, Lenovo's sophisticated smartphone, LePhone, will officially begin to duke it out in China against the iPhone, which hasn't been on the market very long in the world's most populous nation. But according to Liu Chuanzhi, chairman of Lenovo Group, "I am convinced that Lenovo's latest smartphone, LePhone, will be a success in the Chinese market."

China Daily is hyping the Chinese arrival of LePhone as the smartphone that could truly blow the iPhone out of the water. Evidence given to support such suggestions includes the fact that many prominent service and content suppliers are showing strong support for the LePhone. Such supportive groups include Baidu Inc, Alibaba Group and Tencent Inc.

The first generation LePhone is based on Google Inc's Android operating system and runs on the 3G standard used by China Unicom. China Daily says the device will be in stores beginning May 17th. Lenovo's chief says that his company is also developing "several" versions of LePhone - two of which will be for China's other 3G standards - CDMA2000 by China Telecom and TD-SCDMA by China Mobile. The other versions, however, won't be introduced for some time.

In case you're wondering, the online order price for LePhone is $425 - or 2,899 yuan. The iPhone, though reduced in price in recent weeks, still runs a pretty penny in China - one of the major reasons why Apple's revolutionary smartphone is yet to resonate in the world's biggest mobile community as it has elsewhere.